Draghi Shoots A Dud – Euro, Bunds Reverse All ECB Moves
For a few brief minutes it was all going Draghi’s way.
Unleashing lower rates and QE4EVA sparked buying of bunds and selling of the Euro – mission accomplished.
But then the market decided to steal the jam out of Mario’s farewell performance and reverse those moves entirely…
The euro is suddenly surging…
And 10Y Bund yields are soaring…
“…you’re gonna need a bigger boat…”
Thu, 09/12/2019 – 09:52